Cryptocurrency payments take a step towards an everyday reality with Pundi X’s announcement that it has integrated its crypto payment system into a Point of Sale system made by American company, VeriFone.
The move to integrate Pundi X, leading provider of blockchain powered devices, into Verifone’s POS systems, means that shops and retail outlets using the Verifone X990 with XPOS module activated will now be able to process cryptocurrency payments just as easily as traditional card transactions.
Pundi X founder & CEO, Zac Cheah, was beaming with the announcement saying “Our mission of making blockchain technology and cryptocurrencies accessible to everyone has just taken a huge leap forward thanks to our partnership with Verifone. With our XPOS software in Verifone’s POS terminals, consumers will be able to experience safer and more seamless transactions using all major cryptocurrencies.”
All major currencies such as Bitcoin, Ether, Binance Coin and Pundi X will all be available to use through Pundi’s “Pundi XPASS or the XWallet” and will automatically exchange between fiat and cryptocurrencies during the transaction.
According to the report, Verifone consistently ranks among the top distributors and providers of POS solutions. It has shipped over 30 million products, which range from integrated POS systems to countertop and PIN pad devices, to more than 150 countries.
Yiannos Papadoulos, Verifone’s Asia Pacific President, commented “We’re excited to work with Pundi X in integrating its innovative technology within our devices. Having blockchain technology in the X990 will revolutionize how our partner retailers transact with a new generation of customers carrying cryptocurrencies.”
Sources: prnewswire.com, cointelegraph.com